GOLD - USD
GOLD - USD
- USD (-)
- Real time data - Gold & Silver Spot
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Commodities
Ticker: XAUUSD
ISIN:

GOLD - USD - 1H - Technical analysis published on 01/31/2025 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
39%
33%
28%
My opinion
Bullish above 2,785.43 USD
My targets
2,807.96 USD (+0.47%)
2,845.24 USD (+1.81%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on GOLD - USD as long as the price remains well above 2,785.43 USD. The buyers' bullish objective is set at 2,807.96 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 2,845.24 USD. If there is any crossing, the next objective would be the resistance located at 2,904.52 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
6.3

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by citytraderuk. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

GOLD - USD rating 2,794.79 USD. On the day, this instrument lost -0.05% with the lowest point at 2,791.71 USD and the highest point at 2,801.05 USD. The deviation from the price is +0.11% for the low point and -0.22% for the high point.

2,791.71
2,801.05
2,794.79

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The Central Records scanner for higher/lower results shows the following items:

Central Records

New HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


New HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of this 1H chart of GOLD - USD indicates that the overall trend is strongly bullish. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:

Central Indicators

Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : 1 hour



In fact, of the 18 technical indicators analysed by Central Analyzer, 7 are bullish, 5 are neutral and 6 are bearish. No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:

Central Candlesticks

Bearish harami

Type : Bearish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
Price


S3S2S1PriceR1
ProTrendLines 2,744.94 2,766.22 2,785.43 2,794.79 2,798.61
Change (%) -1.78% -1.02% -0.33% - +0.14%
Change -49.85 -28.57 -9.36 - +3.82
Level Intermediate Intermediate Major - Intermediate



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2,730.692,744.752,770.502,784.562,810.312,824.372,850.12
Camarilla2,785.312,788.962,792.612,796.262,799.912,803.562,807.21
Woodie2,736.552,747.672,776.362,787.482,816.172,827.292,855.98
Fibonacci2,744.752,759.952,769.352,784.562,799.762,809.162,824.37


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2,614.842,652.122,711.402,748.682,807.962,845.242,904.52
Camarilla2,744.142,752.992,761.842,770.692,779.542,788.392,797.24
Woodie2,625.852,657.622,722.412,754.182,818.972,850.742,915.53
Fibonacci2,652.122,689.002,711.792,748.682,785.562,808.352,845.24


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2,419.402,501.322,562.462,644.382,705.522,787.442,848.58
Camarilla2,584.262,597.372,610.492,623.602,636.712,649.832,662.94
Woodie2,409.012,496.132,552.072,639.192,695.132,782.252,838.19
Fibonacci2,501.322,555.972,589.732,644.382,699.032,732.792,787.44

Numerical data


The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators
Moving averages

RSI (14): 59.01
MACD (12,26,9): 5.8000
Directional Movement: 17.84
AROON (14): 85.72
DEMA (21): 2,799.80
Parabolic SAR (0,02-0,02-0,2): 2,792.20
Elder Ray (13): 1.97
Super Trend (3,10): 2,782.03
Zig ZAG (10): 2,793.33
VORTEX (21): 1.1200
Stochastique (14,3,5): 46.52
TEMA (21): 2,799.14
Williams %R (14): -73.39
Chande Momentum Oscillator (20): -2.08
Repulse (5,40,3): -0.1400
ROCnROLL: -1
TRIX (15,9): 0.0400
Courbe Coppock: 0.26
MA7: 2,768.61
MA20: 2,717.48
MA50: 2,672.66
MA100: 2,666.19
MAexp7: 2,795.33
MAexp20: 2,791.24
MAexp50: 2,779.82
MAexp100: 2,769.39
Price / MA7: +0.95%
Price / MA20: +2.84%
Price / MA50: +4.57%
Price / MA100: +4.82%
Price / MAexp7: -0.02%
Price / MAexp20: +0.13%
Price / MAexp50: +0.54%
Price / MAexp100: +0.92%

Quotes : - Real time data - Gold & Silver Spot

This member declared not having a position on this financial instrument or a related financial instrument.

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